You recently bought $2 million of 3s US Treasury notes, expiring in 10 years, and paying semiannual

You recently bought $2 million of 3¼s US Treasury notes, expiring in 10 years, and paying semiannual coupons. How much do you expect each coupon payment to be?

		[a] $65,000
		[b] $16,250
		[c] $32,500
		[d] $20,000
		[e] None of the above

Answer rating: 100% (QA)

To calculate the semiannual coupon payment for a US Treasury note you can use th... View the full answer